During the current year a testamentary trust earned interest income of $45,000, all of which was paid
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What can be done to reduce the overall tax liability? Income Tax Act reference: ITA 104(13.1).
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A trust can choose to designate an amount that is actually payable ...View the full answer
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Related Book For
Canadian Income Taxation Planning And Decision Making
ISBN: 9781259094330
17th Edition 2014-2015 Version
Authors: Joan Kitunen, William Buckwold
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